The Mirrors singer was overjoyed at the ceremony on Saturday and added: "This is the coolest thing that has ever happened to me.

"The Grammys are political. The Emmys are political. Memphis is not political. And don't get me started on Hollywood."

Justin and his adorable son Silas (Image: NBC)

Getting choked up, he continued: "I wanna thank all the great artists in this hall.

"I'm truly honored, to merely stand on the shoulders of all these legends I grew up listening to, and I grew up admiring, to say that I stand alongside them now."

He was inducted alongside the likes of guitarist Scotty Moore, Alberta Hunter and Al Jackson.

Jimmy Fallon and Justin Timberlake are the best of buds (Image: Getty)

Justin was introduced by chat show host Jimmy Fallon, who called himself "Mrs Justin Timberlake" during his own speech.

He added: "He's one of the biggest stars in the world. He can sing, he can dance, he can act, he's funny, he's good looking. And if you don't believe me, you can ask Justin himself. He wrote this speech."